Property Description
Great income producing duplex backing to Franklin Park and located just south of West HyVee and within walking distance of Iowa State University Campus. Large lot with space for future garages to be built. Efficient, well cared since 2016 by owner-managed landlord who has made many upgrades over the years including new trim, doors, flooring, mechanicals, etc. Full unfinished basements are great for tenant storage needs and could be finished for added bedroom and living spaces to increase rent income. Current Letter of Compliance with the City of Ames and leases secured or renewed for the upcoming 8/1/26-7/31/27 lease cycle. This building is being sold as a portfolio sale including 4 total duplexes (3517/3519 Tripp St, 3523/3525 Tripp St, 3531/3533 Tripp St, and 3542/3544 Tripp St) and will not be split or sold separately.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Central Air
Heating: Forced Air, Natural Gas
Lot Size: 0.27 Acres
Taxes: $2,934
Year Built: 1955
Feature Descriptions
Exterior: Steel Siding
Flooring: Vinyl, Carpet
Foundation Details: Block
Heating Y/N: Yes
Sewer: Public Sewer
Units: 2
Water: Public
Zoning: RL
Local Schools
School District: Ames
Listed By / Shown By
Listed By
Agency Name: CENTURY 21 SIGNATURE-Ames
Agency Phone: 515-233-2623
Shown By
Agent Name: Livingston Real Estate Team
Agent Phone: (515) 291-0922
Agency Title: Hunziker & Associates, REALTORS
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Estimated Payment
$ 1,568.18 per month $1,251.49 Principal & Interest $244.50 Property Tax $72.19 Homeowner's InsuranceChange Payment Information
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3523/3525 Tripp Street | MLS# 70567
This multi-family property located at 3523/3525 Tripp Street, Ames, IA 50014 is currently listed for sale with an asking price of $247,500. 3523/3525 Tripp Street is located within the Ames school district. Search Ames real estate on johnandstephanielivingston.hunzikerrealty.com today.